Ad ID: 70072 Inactive

11 Unit Motel for Sale Methven Canterbury

Hard to Find Land & Building Investment Methven

Land and Buildings $1,200,000

Business for Sale Description

11 Unit Motel for Sale Methven Canterbury

This complex has 11 motel units, of which 8 were completed in 2005 as was the owners\' accommodation.

A 35-year lease commenced in February 2006 and a new operator purchased the business around six months ago, keen to establish themselves.

The property has units ranging from studio to three bedroom. The units are very well presented and have all the amenities, including double-glazing and heat pumps.

Methven thrives in the winter with the ski fields, however a proposed hot water pools complex, which is currently under study, would bring a new dimension to the town. This would provide all year round attraction, which would be of a huge benefit to the local businesses. It may well be the time to invest in Methven.

We would welcome your enquiry on the Land & Buildings at $1.2m of this Motel for sale in Methven via our website or by phoning INKY STOVE on 0800 263339, DDI 03 550 0471 or 021 182 6940.

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